Pearce is in the TOP 20% in ACT when comparing median price capital growth over the last year. Pearce gave property investors a very good capital gain figure when compared to the rest of the state, with 13.47%.
While Pearce,2607 ranked number 4th in ACT for increase in median house value (annualised) increase, it is ranked 11th over the last 5 years.
Advertised rents are around the $520 mark per week – giving a return of 3.31% based on the median price in Suburb
ACT has seen average median house prices change by 0.57% which means that Pearce, 2607 has done well for property investors by showing a capital gain of 17.50% over the last year
If we look at median property appreciation over just the last three months, Pearce has given property investors a paper return of 0.69%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in ACT